Fri.Apr 14, 2023

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Channel Partners Conference & Expo

ProsperOps

Join ProsperOps on the expo floor of the Channel Partners Conference & Expo taking place May 1-4 at the Venetian Resort & Expo. ProsperOps is an autonomous cloud cost optimization tool. Our software monitors your cloud usage in real-time and automatically aligns discount instruments (like AWS Reserved Instances and Savings Plans) to generate and returning more savings to your AWS budget — without requiring any ongoing effort!

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What is document processing?

Nanonets

Documents are ubiquitous in business and serve as the foundation for data, information, and knowledge. From invoices and contracts to emails and memos, documents are an essential part of the daily document processing workflow.   According to Statistica.com , there has been an exponential increase in the total amount of data (from various documents) being created, captured, copied, and consumed globally.

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ProsperOps at AWS Fest

ProsperOps

AWS Fest is a FREE virtual event on May 3rd for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud. The event on May 3rd will focus on AWS compute. It’s a fun event for anyone in the AWS community. There will be live prize giveaways and magical entertainment too!

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Dext wins Great Place to Work Canada™ award

Dext

Dext wins Great Place to Work Canada award 2023

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Introducing Advanced Cyclical Optimization: Automatically Increase Compute Savings on Cyclical Cloud Workloads

ProsperOps

A few weeks ago I published an educational blog on how to maximize Reserved Instance and Savings Plan savings when workload patterns are cyclical. Today, I’m excited to announce the ProsperOps platform has added Advanced Cyclical Optimization Support, which fully implements the concepts described in that blog post. Autonomous, Optimized Coverage for Cyclical Workloads Prior to today, ProsperOps had limited support for cyclical workload patterns, and our ability to cover “above the cycle trough”

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How to Reduce Costs with Automatic AP Software

NextProcess

The Accounts Payable (AP) department is often one of the slowest to switch over to automation software or to update older software solutions. Often, there’s a perception that updating the old way of doing things will cost too much money, eat up too much time, or change the way your company does things. Besides, if the old way isn’t broken yet why fix it?

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What to Include on Invoices so B2B Clients Pay on Time

Enterprise Recovery: Accounts Receivable

Accuracy and details are crucial when invoicing business clients on retainer or for goods or services provided by your company. In fact, there are some attributes that can be added to invoices to prompt early payment or at least reduce the risk of late payments. Use these invoicing best practices so your B2B clients pay on time.

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Avoiding Common Tax Pitfalls: 5 Tips for Business Owners

Counto

Avoiding Common Tax Pitfalls: 5 Tips for Business Owners As a business owner, you understand the value of every dollar and work tirelessly to build and grow your business. However, navigating the complex world of taxes can be overwhelming and time-consuming. With so many potential tax pitfalls, it’s crucial to have a solid understanding of the tax code and how it applies to your business.

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How to connect Salesforce to Excel?

Nanonets

Salesforce is one of the most popular CRMs used by businesses today. It is the go-to resource for all data concerning contact info, leads, customers, sales, vendors, contracts, invoices, documents, images etc. As part of their workflows, businesses regularly migrate data from Salesforce to ERPs or other business applications. Connecting Salesforce to Excel is often the first step in such complex data migration workflows.

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Avoiding Common Tax Pitfalls: 5 Tips for Business Owners

Counto

Avoiding Common Tax Pitfalls: 5 Tips for Business Owners As a business owner, you understand the value of every dollar and work tirelessly to build and grow your business. However, navigating the complex world of taxes can be overwhelming and time-consuming. With so many potential tax pitfalls, it’s crucial to have a solid understanding of the tax code and how it applies to your business.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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As Check Fraud Surges, E-Payments Provide a Solution

AvidXchange

People have used checks as a form of payment since medieval times. Paper checks haven’t changed much since then. But in 2022, the U.S. Treasury Department saw an 84% increase in check fraud, often facilitated by online social networks. Read on to learn how criminals are stealing and “washing” checks, plus what you can do to better secure your company’s finances from this type of fraud.

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5 Ways Online Billing Software Can Help You Get Paid Faster       

Invoicera

We all know that cash is king when it comes to running a successful business. But did you know that timely payments are the key to maintaining a healthy cash flow? It’s especially important when you have multiple ongoing projects with different clients. The problem is that manually managing invoices and payments can be a hassle. It’s time-consuming and tedious, leading to payment delays and cash flow issues.

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AWS Cost Explorer Vs. Cost And Usage Report: Which Is Best?

CloudZero

A major problem led Amazon to introduce Cost Explorer and Cost and Usage Reports. Many Amazon Web Services (AWS) users were overspending on services they couldn't quite identify.

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What is business spend management?

Nanonets

It’s no secret that businesses are always on the hunt for ways to increase revenue. However, many overlook the benefits of tightening their belts and finding ways to save money. That's where business spend management comes in. It's like a financial detective, ferreting out all the sneaky ways your company spends money and subjecting them to deeper scrutiny.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Getting started with Cloud Sustainability

The FinOps Alliance

Cloud Sustainability is an important topic. This is not without a reason, since sustainability is key in preserving our planet. The combined world of sustainability and cloud is getting more and more traction. The investments pay off: we get more capabilities to work with and now it’s time to start harvesting. The urgency is also there. ICT, including cloud, is responsible for 3% of the global greenhouse gasses emissions.

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7 Ways You Can Use ChatGPT in Accounting to Achieve Results

Nanonets

Do you know what the future of accounting looks like? ChatGPT is the technology that will revolutionize the accounting field, making it faster and more efficient than ever before. With ChatGPT, accountants can use computer-aided automation to streamline tasks and processes, leaving more time for analysis and insights. In this article, we'll look at how you can use ChatGPT in accounting to help simplify tedious tasks, generate financial projections quickly, create accurate audit reports, ass

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Provision for income taxes definition

Accounting Tools

Related Courses Accounting for Income Taxes Small Business Tax Guide The Balance Sheet What is the Provision for Income Taxes? A provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. The amount of this provision is derived by adjusting the firm’s reported net income with a variety of permanent differences and temporary differences.

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AI is Changing the Future of Finance

NACM

? Artificial intelligence is revolutionizing the way credit professionals make business decisions and assess the creditworthiness of customers. Listen to experts talk about how AI is changing the future of finance.? On today's episode of NACM's Extra Credit podcast, hear from Chris Arrington, Yazmin Yepez and Martin Zorn!

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Petty cash journal definition

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is the Petty Cash Journal? The petty cash journal contains a summarization of the payments from a petty cash fund. The totals in the journal are then used as the basis for a journal entry into a company's general ledger. This journal entry lists petty cash expenditures by expense type.

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Product warranty cost definition

Accounting Tools

Related Courses Bookkeeping Guidebook What is Product Warranty Cost? Product warranty cost is the charge to expense when a product is replaced under a warranty program. This amount may be charged to expense only when warranty costs are incurred, or it may be set up as an allowance , where a standard amount is charged to expense each month. The latter approach is considered to be more correct accounting, since all related costs are charged to expense when revenue is recognized , rather than at a

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Pushdown accounting definition

Accounting Tools

Related Courses Business Combinations and Consolidations Divestitures and Spin-Offs Mergers and Acquisitions What is Pushdown Accounting? Pushdown accounting is a technique used by an acquirer to record the purchase of another entity. Under this approach, the accountant uses the acquiring entity's basis of accounting to prepare the financial statements of the acquired entity.

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Book building definition

Accounting Tools

Related Courses Public Company Accounting and Finance What is Book Building? Book building is the set of activities that an underwriter engages in to determine the price point for an initial public offering. The underwriter contacts institutional investors to ask about the price they are willing to pay for a new offering, and the number of shares they are willing to buy at that price.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Production service department definition

Accounting Tools

Related Courses Cost Accounting Fundamentals Operations Management What is a Production Service Department? A production service department is a group within a factory that does not directly manufacture goods; instead, it provides services to other parts of the factory. These service-focused groups are essential to the operation of a factory, despite their indirect impact on the production of goods.

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Public company definition

Accounting Tools

Related Courses Public Company Accounting and Finance Segment Reporting Essentials What is a Public Company? A public company is a business that has issued securities through either an initial public offering or following a reverse acquisition of a public shell. In addition, those securities must be trading on either the over-the-counter market or a stock exchange.

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Projected financial statements definition

Accounting Tools

Related Courses Budgeting Financial Forecasting and Modeling What are Projected Financial Statements? Projected financial statements incorporate current trends and expectations to arrive at a financial picture that management believes it can attain as of a future date. At a minimum, projected financial statements will show a summary-level income statement and balance sheet.

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Periodic FIFO method definition

Accounting Tools

Related Courses Accounting for Inventory How to Audit Inventory What is the Periodic FIFO Method? Periodic FIFO is a cost flow tracking system that is used within a periodic inventory system. Under a periodic system, the ending inventory balance is only updated when there is a physical inventory count. At that time, if units have been consumed, then the costs of the oldest units are removed from the cost layering database for the inventory and charged to the cost of goods sold.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Practical capacity definition

Accounting Tools

Related Courses Operations Management What is Practical Capacity? Practical capacity is the highest realistic amount of output that a factory can maintain over the long term. It is the maximum theoretical amount of output, minus the downtime needed for ongoing equipment maintenance, machine setup time, scheduled employee time off, and so forth. The amount of practical capacity should be incorporated into an organization's budget , so that production is not planned at a level so high that it cann

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Positive confirmation definition

Accounting Tools

Related Courses How to Audit Cash How to Audit Liabilities How to Audit Receivables How to Conduct an Audit Engagement What is a Positive Confirmation? A positive confirmation is an inquiry made by an auditor to a third party that requires a response. The inquiry is in regard to whether the third party's records match those that the auditor is examining.

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Plant ledger definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is a Plant Ledger? A plant ledger is a subsidiary ledger in which fixed asset transactions are recorded. This ledger includes detailed information about each fixed asset, including the acquisition date, asset description, asset location, depreciation , disposition proceeds, purchase cost, and any subsequent capitalized additions to the asset.

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Promotion expense definition

Accounting Tools

Related Courses Essentials of Marketing What is Promotion Expense? Promotion expense is the cost of items given away to customers. The intent behind issuing these items is to eventually increase sales. The cost of these actions can then be deducted as a business expense; it is usually classified as a marketing expense. The amount of promotion expense is the cost of the goods or services given away; it is not the market value of these items.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.